The implicit interest rate on housing loans in Madeira saw a new increase in July, reaching 3.208%. This figure represents an increase of 0.046 percentage points compared to the previous month, according to data from the National Institute of Statistics and the Regional Directorate of Statistics of Madeira (DREM).
Despite the monthly rise, the interest rate in July 2026 remains lower than that recorded in the same month of the previous year, when it stood at 3.420%. The monthly increase in the interest rate was reflected in the average monthly payment made by Madeirans, which in July was 408 euros, four euros more than in June and eleven euros more than in July 2025.
The average capital outstanding per contract also continued to increase, standing at 72,980 euros in July, compared to 72,750 euros in the previous month. Compared to July 2025, the average capital outstanding increased by 4,179 euros, a growth of 6.1%.
The trend observed in Madeira follows the national trend, where the implicit interest rate on housing loans stood at 3.135% in July. The national average payment was 414 euros, slightly higher than the Madeiran average.
